Plan Snapshot
- Plan Sponsor: Wall Residences, INC.
- Sponsor EIN: 541959395
- Sponsor Address: PO BOX 235, FLOYD, VA, 24091
- Plan Type: 401(k)
- Total Participants: 376
- Total Assets: $3.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 376 | $3.4M | $218,741 | $424,767 |
| 2023 | 397 | $3.8M | $179,471 | $322,218 |
| 2022 | 227 | $2.9M | $0 | $259,295 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| DIDAWICK & COMPANY, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $47,672 | $30,414 | — | — | — |
| 2023 | $43,165 | $27,336 | — | — | — |
| 2022 | $41,004 | — | — | — | — |